Timken Co. (TKR) Tops Q2 EPS by 8c; Boosts FY11 EPS Outlook
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Price: $141.22 -1.94%
Revenue Growth %: +5.1%
Financial Fact:
Less: Net income attributable to noncontrolling interest: 400K
Today's EPS Names:
CGEH, NAKA, APOG, More
Revenue Growth %: +5.1%
Financial Fact:
Less: Net income attributable to noncontrolling interest: 400K
Today's EPS Names:
CGEH, NAKA, APOG, More
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Timken Co. (NYSE: TKR) reported Q2 EPS of $1.22, $0.08 better than the analyst estimate of $1.14. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.26 billion.
Timken Co. sees FY2011 EPS of $4.30-$4.50, versus prior guidance of $3.80-$4.10 and the consensus of $4.24.
Timken now expects a full-year sales increase of 25 to 30 percent in 2011 over 2010.
Timken Co. sees FY2011 EPS of $4.30-$4.50, versus prior guidance of $3.80-$4.10 and the consensus of $4.24.
Timken now expects a full-year sales increase of 25 to 30 percent in 2011 over 2010.
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